Bank of America

Bank of America press releases

DETROIT, Nov 10, 2011 (BUSINESS WIRE) --Bank of America Enterprise Marketing and Market President Executive
Meredith Verdone announced today that Brett Bernard has been named
Michigan state president. Bernard joined Merrill Lynch more than 27
years ago as a financial advisor and has held a number of leadership
positions at the company during his career.
As state president, Bernard will help integrate Bank of America business
lines throughout...

CHARLOTTE, N.C., Nov 09, 2011 (BUSINESS WIRE) --Bank of America Chief Executive Officer Brian Moynihan will welcome
attendees to the 2011 Bank of America Merrill Lynch Banking and
Financial Services Conference on Tuesday, November 15, 2011 at 8 a.m. ET
in New York. A live audio webcast of his remarks will be accessible
through the Bank of America Investor Relations Web site at http://investor.bankofamerica.com.
Bank of America
Bank of America is one of the world's...

NEW YORK, Nov 08, 2011 (BUSINESS WIRE) --Bank of America Merrill Lynch, a leading global commercial card provider
to corporate and government entities, today announced that it would be
expanding its offering of Chip and PIN technology to corporate cards for
U.S. international travelers. The enhancement follows the adoption of
full Chip and PIN technology for corporate clients in Europe last year
and is in direct response to increased client demand. Chip and PIN is...

Payments, Information Reporting, Mobile Now Available to New Clients
NEW YORK, Nov 07, 2011 (BUSINESS WIRE) --Bank of America Merrill Lynch today announced the addition of three
major new applications for its global treasury management and online
banking channel, CashPro(R)
Online, making it easier, simpler and more convenient for commercial
and corporate clients to perform routine transactions and make informed
business decisions.
The new CashPro Online...

CHARLOTTE, N.C., Nov 01, 2011 (BUSINESS WIRE) --In response to customer feedback and the changing competitive
marketplace, Bank of America no longer intends to implement a debit
usage fee.
"We have listened to our customers very closely over the last few weeks
and recognize their concern with our proposed debit usage fee," said
David Darnell, co-chief operating officer. "Our customers' voices are
most important to us. As a result, we are not currently...

Firm Also Crowned Global Bank of the Year for Capital Markets and
Investment Banking; Best Bank for Cash Management in South America and
Best Bank for Risk Management in North America
NEW YORK, Nov 01, 2011 (BUSINESS WIRE) --Bank of America Merrill Lynch (BofA Merrill Lynch) topped five
categories in the 2011 Treasury Management International (TMI) Awards
for Innovation and Excellence. Each year, TMI recognizes the banks who,
in the clients' view, best...

David Giancola Appointed to Manage FSA Program for the Region
CHARLOTTE, N.C., Oct 31, 2011 (BUSINESS WIRE) --Bank of America today announced the hiring of more than 25 Merrill Edge
Financial Solutions Advisors (FSAs) across the Southeast region,
including Atlanta, Charlotte, and Nashville, as part of its overall
commitment to enhance the solutions and guidance it offers customers.
These advisors will help customers manage their banking and investment
needs and...

"The Great Global Shift: New World, New Rules" Examines the Effects
of Economic Volatility and Outlines Opportunities for Investors
NEW YORK, Oct 25, 2011 (BUSINESS WIRE) --Merrill Lynch Wealth Management today announced The
Great Global Shift: New World, New Rules, a white paper and webcast
designed to help advisors and investors navigate the unpredictable
global market and seize emerging opportunities.
White paper authors Lisa Shalett, chief investment officer...

New Service Makes Managing Payroll Easy; Gives Entrepreneurs More
Time to Focus on Running Business
CHARLOTTE, N.C. & MOUNTAIN VIEW, Calif., Oct 24, 2011 (BUSINESS WIRE) --Bank of America and Intuit Inc. today announced the availability of
Intuit(R) Full Service Payroll for Bank of America small
business customers. The service simplifies small business owners' lives
by doing their employee payroll and payroll taxes.
"Small business owners are hit every day by a...

OAKLAND, Calif., Oct 19, 2011 (BUSINESS WIRE) --As part of its partnership with the East Bay Economic Development
Alliance, the Bank of America Charitable Foundation today announced it
has awarded $280,000 in grants to eight East Bay nonprofit organizations
to support local workforce development efforts through the East Bay
Community Foundation's Workforce Development Fund, which supports
projects and programs creating employment opportunities for low- and...

Ninety-Two Percent of Panel Expects Greece's Government to Default
NEW YORK & LONDON, Oct 19, 2011 (BUSINESS WIRE) --Global investors appear to be coming to terms with the prospect of a
default by the Greek government, according to the BofA Merrill Lynch
Survey of Fund Managers for October.
More than nine out of 10 (92 percent) of the 199 respondents to
October's global survey believe that Greece cannot avoid default. Seven
out of 10 respondents predict a default...

Bank Receives Three Additional Global Awards for Innovation in the
2011 Investment Banking Awards From The Banker Magazine
LONDON & NEW YORK, Oct 17, 2011 (BUSINESS WIRE) --Bank of America Merrill Lynch announced today that it was named the Most
Innovative Investment Bank from North America, for the second straight
year, in The Banker magazine's2011 Investment Banking Awards.
In addition, the bank received three global awards for...

Asia-Pacific's HNWI Population Exceeds Europe's for the First Time
at 3.3 Million
Wealth Management Firms Need to Offer Capabilities From Other
Business Units to Meet Demands of Asia-Pacific HNWIs
NEW YORK & PARIS, Oct 13, 2011 (BUSINESS WIRE) --Asia-Pacific's population of high net worth individuals (HNWIs1)
grew 9.7 percent to 3.3 million in 2010, exceeding Europe's for the
first time and placing the region as the world's second-largest market
after North...

NEW YORK, Oct 12, 2011 (BUSINESS WIRE) --Bank of America Merrill Lynch, a leading provider of automated trading
tools, is pleased to introduce two new execution algorithms to meet the
growing demand for its Futures trading suite: Ambush and Instinct(R). The
latest release includes BofA Merrill's banner algorithm Instinct,
which can now be used to achieve a broader set of trading objectives and
leverages BofA Merrill's quantitative impact model.
"We've seen...

NEW YORK, Oct 12, 2011 (BUSINESS WIRE) --As part of its plan to hire 1,000 small business bankers across the
nation, Bank of America today announced that it is hiring more than 90
small business bankers in the tri-state area to provide guidance and
counsel to local small business owners.
Through a relationship with a Bank of America small business banker,
customers will have convenient access to local small business expertise
and a dedicated resource who...

NEW YORK, Oct 12, 2011 (BUSINESS WIRE) --Bank of America Merrill Lynch today announced the release of Multi Bank
Cash Concentration (MBCC) via its centralized technology hub, the Global
Liquidity Platform (GLP). The enhanced capability enables companies that
work with a number of different banks, both local and global, to
automatically incorporate balances held by all of those banks into a
single cash concentration structure operated by BofA Merrill. MBCC is...

Linda Shelby Appointed West Coast Division Executive
SAN FRANCISCO, Oct 11, 2011 (BUSINESS WIRE) --Bank of America today announced the hiring of more than 80 Merrill Edge
Financial Solutions Advisors (FSAs) across the metro Northwest region,
including San Francisco, San Jose, Sacramento and Las Vegas, as part of
its overall commitment to enhance the solutions and guidance it offers
to Preferred customers. This will increase the total number of FSAs in
this...

SOUTHINGTON, Conn., Oct 11, 2011 (BUSINESS WIRE) --Bank of America announced today it has opened a customer assistance
center in Southington to serve its mortgage customers throughout
Connecticut. Borrowers will have the opportunity to meet face-to-face
with Bank of America home retention specialists to review options for
home loan modifications or other alternatives to foreclosure, as well as
review loan modification files already in progress.
"Bank of...